Around 35,000 Bitcoin options contracts will expire on Friday, March 14, and they have a notional value of roughly $2.9 billion. This week’s event is a little larger than last week’s, but a mammoth end-of-quarter $11 billion options contract expiry is due on March 28. The impact on spot markets is likely to be minimal […]
As the crypto market continues to struggle, bitcoin (BTC) has broken into a new volatile range. On March 10, the cryptocurrency fell below $80,000 and touched the $76,800 range before climbing back up to $81,000 at the time of writing. According to the latest edition of the Bitfinex Alpha report, the cryptocurrency’s decline to $76,800 […]
Broader economic concerns, including recession fears and stubborn inflation, have rattled the crypto market, leading to a sharp downturn. Bitcoin has struggled under these conditions, which, in turn, has forced miners to sell more BTC to sustain operations. As a result, increased selling pressure from miners has compounded market instability. Miners Offload BTC to Cover […]
Bitcoin’s (BTC) latest dump has market participants speculating whether there will be more bloodshed in the coming weeks or if the asset’s value will record a significant recovery. Market analytics firm Santiment has identified some on-chain indicators that can offer insight into bitcoin’s movement in the short term. According to Santiment, several on-chain metrics signal […]
The bullish narrative of this cycle has been put to a serious test lately as the cryptocurrency sector continues to sink. Its total market capitalization plummeted below $2.7 trillion, while Bitcoin (BTC), Ethereum (ETH), and many other leading digital assets tanked to multi-month lows. Several hours ago, the primary cryptocurrency collapsed below $77,000 for the […]
Bitcoin has broken below the key 200-day moving average of $83K, exhibiting a notable bearish sign. However, the price encounters buyers’ last defence line at $80K, with a potential breakout leading to a substantial decline toward $75K. Technical Analysis By Shayan The Daily Chart Bitcoin was rejected at the $92K resistance, triggering a strong sell-off […]
Over the weekend, Bitcoin’s (BTC) price stabilized at around $86,000, showing little-to-no volatility. However, the bears retook control in the past several hours, suppressing the asset’s valuation to as low as $80,000. The latest downtrend negatively affected more than 220,000 over-leveraged traders. According to CoinGlass’ data, the total liquidations in the last 24 hours equal […]
This week, the crypto market, led by bitcoin (BTC), received positive news and reacted accordingly. However, the reaction was short-lived, and the entire field has returned to stagnation and negative trajectories. A weekly report from the market analytics platform CryptoQuant revealed that real spot demand for BTC is still in contraction territory, while bitcoin’s apparent […]
White House crypto czar David Sacks made the announcement late on Thursday, March 6, stating, “Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.” He added that the reserve would be capitalized with Bitcoin owned by the federal government, which was forfeited as part of criminal or civil asset forfeiture […]
Michael Saylor, founder of Strategy (formerly MicroStrategy), has said that a Bitcoin strategic reserve will position the United States as a leader in cyberspace. In an interview with Fox News Channel, Saylor argued that Bitcoin is a secure means of savings for individuals, companies, and governments. Bitcoin Will Take The U.S. to Cyberspace Saylor, whose […]